TECOMA, VIC 3160 has a population of 2064 with a diverse age distribution, more residents aged between 5 to 64 years. The suburb offers a good mix of occupation types, with a significant number of professionals, managers, and technicians/tradeworkers. The median household income is above average, demonstrating a stable financial demographic. Residents mostly commute by motor vehicle and a considerable number work from home. The suburb has good access to public transport and a moderate percentage of the population uses it for commuting. For Houses in TECOMA, VIC 3160, the sale prices show a balanced market with moderate IQR ratios, indicating potential for stable returns. The market absorption rate is high, suggesting growing demand and the potential for future price growth. For Units, the IQR ratio is lower, making it attractive for investors seeking quick turnovers. The high rental yield for Units indicates good investment potential, especially with the increasing median growth rates. TECOMA, VIC 3160 presents a stable residential environment with a strong focus on homeownership. The suburb offers good investment opportunities for both Houses and Units, with differing strategies based on property type. The high demand for renting out rooms and the low vacancy rate indicate a healthy rental market. Overall, TECOMA is a promising suburb for property owners and investors looking for long-term capital growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022